An undisclosed buyer cancelled the acquisition of an unknown stake in ANF Pet, Inc from Sajodongaone Co.,Ltd..
March 30, 2018
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An undisclosed buyer agreed to acquire an unknown stake in ANF Pet, Inc from Sajodongaone Co.,Ltd. (KOSE:A008040) for KRW 12.7 billion on March 31, 2017. Sajodongaone Co.,Ltd. will sell its entire stake of 0.01 million shares in the transaction. The sales of the current year amounts to KRW 6.8 billion, net profit to KRW -28 million, total assets to KRW 17.9 billion, and net assets to KRW 16.9 billion.
An undisclosed buyer cancelled the acquisition of an unknown stake in ANF Pet, Inc from Sajodongaone Co.,Ltd. (KOSE:A008040) on March 31, 2018.
SAJODONGAONE CO.,LTD, formerly DONGAONE CO.,LTD. is a Korea-based company mainly engaged in the manufacture of flour products and animal feeds. Its flour products business produces premium flours, all-purpose flours, cake flours, bread flours, organic flours, whole wheat flours, Woorimil flours, fiber sun flours, buckwheat flours and others. Its animal feeds business provides feeds for chickens, pigs, cattle, dogs, cats and fish. Through its subsidiaries, it also engages in the import and sale of cars under the brand name Ferarri and Maserati; grain business; development of overseas agricultural products, and manufacture of wines and others.